§ 27-4.4-10 — § 27-4.4-10. Inclusion of lapse of time considerations.
This text of Rhode Island § 27-4.4-10 (§ 27-4.4-10. Inclusion of lapse of time considerations.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 27-4.4-10. Inclusion of lapse of time considerations.
Any paid-up annuity, cash surrender, or death benefits available at any time, other than on the contract anniversary under any contract with fixed scheduled considerations, shall be calculated with allowance for the lapse of time and the payment of any scheduled considerations beyond the beginning of the contract year in which cessation of payment of considerations under the contract occurs.
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